NOT LISTED FOR SALE

8004 Willis Ave Panorama City, CA 91402

Estimated Value: $897,548 - $999,000

4 Beds
3 Baths
1,617 Sq Ft
$582/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $610,000 $377 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,754/month

74 Days on Market

Highlights

  • Updated Kitchen
  • Maid or Guest Quarters
  • Wood Flooring
  • Open Floorplan
  • Traditional Architecture
  • Corner Lot

About This Home

As of November 2019

Fully Remodeled Home with Permitted Addition! All work completed with city permits & the ADU has Cert of Occupancy with separate address on Strathern St. Tax Records show the property as 1,248 sq.ft., Total of 1,617 sqft. with ADU (369 sqft). *NEW-Roof, Central HVAC, Dual Pane Windows & Sliding Door, Copper Plumbing, Electrical, Custom Cabinets, Recessed LED Lighting, Tankless Water Heater, Tile Bathroom Floors, Partial Laminate & Refinished OG Hard Wood Floors, Porcelain Wood Floors in ADU, and Freshly Painted throughout. House features 3 spacious bedrooms with ceiling fans and 2 bathrooms. The resort style master bath has granite counter & rain fall shower with marble subway tiles. The modern full bath in the hallway has dual sinks with quartz counter & porcelain tiled tub/shower. Step down to a huge open living room with crown molding with lots of natural sunlight coming through and direct access to the fully enclosed back yard. Step-up to a formal dining area that leads to the galley kitchen w/ granite counter tops, new stainless-steel range, new cabinets & pantries, laundry area is conveniently located behind the kitchen. ADU features 1 bedroom with A/C, ceiling fan, full bath, kitchenette, laundry hook-ups, and gas line. Gated front & large enclosed backyard for your privacy & entertainment. Property allows 3-4 parking spaces. Buyer to investigate, all info provided by the sellers. Close to shopping, restaurants, schools, hospitals and fwys. Make this your dream home!

Last Agent to Sell the Property

Tina Choi

Keller Williams South Bay License #01982510 Listed on: 07/26/2019

Keller Williams South Bay

Last Buyer's Agent

Robert Dichigrikian

Express Realty & Home Loans, INC. License #01447257

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,412

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 6,226 Sq Ft Lot
  • West Facing Home
  • Block Wall Fence
  • Fence is in good condition
  • Corner Lot
  • No Sprinklers
  • Back and Front Yard
  • Property is zoned LAR1

Home Design

  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,617 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Galley Kitchen
  • Kitchenette
  • Updated Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Converted Bedroom
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Quartz Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Gravel Driveway

Outdoor Features

  • Exterior Lighting

Schools

  • Vista Middle School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 81
  • Tax Tract Number 17709
  • Assessor Parcel Number 2210015011

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,412

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2210015011
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1617.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Crown Molding, Granite Counters, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Separated
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 377.24
  • Room Type: All Bedrooms Down, Converted Bedroom, Galley Kitchen, Guest/Maid's Quarters, Living Room, Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Bath(s), Exhaust Fan(s), Granite Counters, Quartz Counters, Remodeled, Upgraded
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchenette, Remodeled Kitchen, Utility Sink

Exterior Features

  • Direction Faces: West
  • Foundation: Raised, Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Good Condition
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Gravel

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified
  • Middle School: Vista
  • Middle Or Junior School: Vista

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Sprinklers None
  • Lot Size Sq Ft: 6226.00
  • Lot Size Acres: 0.1429

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6226.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1200.30
  • Tax Lot: 81
  • Tax Tract Number: 17709

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2021
Sold by
Manukyan Hasmik
Bought by
Manukyan Suren
Current Estimated Value
$907,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$498,049
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$443,088

Purchase Details

Closed on
Mar 22, 2021
Sold by
Manukyan Margarita
Bought by
Manukyan Suren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$498,049
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$443,088

Purchase Details

Listed on
Jul 26, 2019
Closed on
Oct 12, 2019
Sold by
Silva Welch Nancy T and Welch Jeffrey E
Bought by
Manukyan Margarita
Seller's Agent
Tina Choi
Keller Williams South Bay
Buyer's Agent
Robert Dichigrikian
Express Realty & Home Loans, INC.
List Price
$665,000
Sold Price
$610,000
Premium/Discount to List
-$55,000
-8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$549,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2018
Sold by
Silva Welch Nancy T and Horn Carlos Silva
Bought by
Silva Welch Nancy T and Welch Jeffrey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2018
Sold by
Welch Jeffrey
Bought by
Silva Welch Nancy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2017
Sold by
Silva Welch Nancy T
Bought by
Silva Welch Nancy T and Horn Carlos Silva

Purchase Details

Closed on
Jun 5, 2017
Sold by
Campos Pablo
Bought by
Silva Welch Nancy T
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Manukyan Suren -- Lawyers Title Company
Manukyan Suren -- Lawyers Title Company
Manukyan Margarita $610,000 First American Title Company
Silva Welch Nancy T -- Placer Title Company
Silva Welch Nancy T -- Placer Title Company
Silva Welch Nancy T -- Placer Title Company
Silva Welch Nancy T -- None Available
Silva Welch Nancy T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manukyan Suren $550,000
Closed Manukyan Margarita $549,000
Previous Owner Silva Welch Nancy T $386,250
Previous Owner Silva Welch Nancy T $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $610,000 -1.1% $377 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
09/17/2019 09/17/19 Price Changed $617,000 -1.9% $382 / Sq Ft
09/05/2019 09/05/19 Price Changed $629,000 -5.4% $389 / Sq Ft
07/26/2019 07/26/19 For Sale $665,000 -- $411 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,412 $777,184 $466,311 $310,873
2024 $9,412 $761,946 $457,168 $304,778
2023 $9,231 $747,006 $448,204 $298,802
2022 $7,592 $628,643 $396,870 $231,773
2021 $7,496 $616,318 $389,089 $227,229
2020 $7,570 $610,000 $385,100 $224,900
2019 $5,607 $457,980 $325,380 $132,600
2018 $5,528 $449,000 $319,000 $130,000
2017 $957 $67,335 $31,240 $36,095
2016 $922 $66,016 $30,628 $35,388
2015 $910 $65,025 $30,168 $34,857
2014 $924 $63,753 $29,578 $34,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19178176

California Regional Multiple Listing Service (CRMLS)

APN: 2210-015-011